English dictionary

subrogation meaning and definition

Definition and meaning of subrogation at MeaningMonkey.org. subrogation meaning and definition in the English Dictionary.


Definition of subrogation (noun)

  1. (law) the act of substituting of one creditor for another
  2. The assumption by a third party, such as a second creditor or an insurance company, of another's legal right to collect a debt or damages.
    • "Subrogation is a common term in insurance policies, allowing the insurer to take legal action against a third party responsible for a loss, in place of the insured."
    • "After paying for the damaged car, the insurance company used subrogation to recover the money from the driver at fault."
    • "Understanding the principle of subrogation is essential when negotiating an insurance settlement."
Source: Princeton University Wordnet

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